financial system software62

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Market Update: US Dollar-Funding Access the Key to Success in EM Trade

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August 06, 2012

Greenwich Associates report shows US dollar-funding access is giving some banks a leg up.
With 84 percent of emerging market trade and finance done in US dollars, those banks with better access to those dollars are getting ahead of the competition, according to a new report from Greenwich Associates. But that competition is working harder to get those dollars by increasing services in the area.
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